It’s estimated there are between 20,000 and 45,000 deaths a year due to lack of health insurance. Get the facts on mortality and health insurance in the US by reading our breakdown of past studies and reports below. The Uninsured and Mortality Rates A 2012 familiesUSA study shows that more than 130,000 Americans died between 2005… Read More
This is truly pathetic in how my Government has let me down, the son of a military man. I was born in Germany in 1956 where my father was stationed and came to the U.S. when I was one year old. Unfortunately the German Consulant no longer keeps records of births and the State Department… Read More
Section 1311 of the Affordable Care Act grants “an Exchange established by the state” authority (to issue subsidies), but doesn’t mention an Exchange established by the federal government. This is the key to understanding King V. Burwell.
Summary of the Health Care and Education Reconciliation Act of 2010 The HealthCare and Education Reconciliation Act of 2010 was signed into law along with the Patient Protection and Affordable Care Act, below is a summary. The health care related sections of both of these laws is what we usually think of as “ObamaCare”. The Student Aid and Fiscal… Read More
I am 24 years old and live in Iowa. Over the last year and a half I have graduated from Iowa State University, and since had to replace my student health care coverage. After searching numerous marketplaces, the government exchange being the most expensive for the least coverage, I found a sub par private coverage… Read More
Why is ObamaCare so polarizing? Perhaps like the blue and black (gold and white) dress, it is simply a matter of context and perspective.
ObamaCare’s Cadillac Tax is a 40% excise tax on high end plans above $10,200 for individuals and $27,500 for family coverage that was set to start in 2018 but was been delayed. This tax is not deductible. The excise tax is one of the main revenue sources for the ACA, helps curb healthcare costs, and… Read More
Orrin Hatch’s replacement plan for ObamaCare, dubbed “the freedom option” in a WSJ op-ed, is an alternative to amending the law to clarify that Healthcare.Gov can issue subsidies, and is essentially a rehash of the old “repeal ObamaCare” plan.
ObamaCare and Health Insurance for the Self-Employed The Affordable Care Act (ObamaCare) has some important implications for how the self-employed go about obtaining, maintaining, and paying for health coverage. If you’re self-employed, most of the healthcare provisions in the ACA apply to you. Let’s take a look at how you’re affected by ObamaCare, how you can reduce the cost of coverage, and how… Read More
The wrong 1095-A forms went out to about 800,000. This form is used to adjust cost assistance on taxes. The wrong forms had correct subsidy amounts, but wrong calculations.
An extra enrollment period for ObamaCare will take place from March 15 – April 30, 2015. This special enrollment period for people who owe the ObamaCare tax, or were confused about enrollment, will give Americans an opportunity to avoid the bulk of the fee for not having coverage for 2015.
By the end of open enrollment 2015 an estimated 11.4 million people were enrolled in ObamaCare.
If you are running out of time to enroll in a Marketplace plan for 2015, follow the steps below to ensure you get covered.
How Repaying ObamaCare’s Premium Tax Credits Works If your income changes, you may have to pay back Advanced Premium Tax Credit Payments up to the Advanced Tax Credit Repayment Limit based on your income. If you don’t claim enough money to qualify for tax credits, you won’t owe back anything. IMPORTANT: The 400% Federal Poverty Level… Read More
Demand may outpace supply in the short-term, “supply” (ie healthcare jobs) is expected to meet demand. In the meantime healthcare costs are keep down by new cost curbing provisions and insurer regulations, while new taxes on the industry bring in additional revenue used to keep consumer costs low via subsidies.
Deductibles are lowered by Cost Sharing Reduction subsidies, on Silver plans only. You’ll pay out of pocket for all care not subject to a copay before you meet your deductible.
Open enrollment ends February 15th. That means February 15th is your last chance to get cost assistance and coverage each year, unless you qualify for a special enrollment period.
You are right on the cusp of your income being too low for subsidies in Idaho. This is because Idaho did not expand Medicaid. However, everyone is wrong. You qualify for the maximum Tax credit and cost sharing reduction subsidy at that income.
My wife and I (retired, too much income for subsidies, not eligible for medicare etc) apparently qualify for exemptions because last year’s ‘grandfathered’ policy was cancelled and the cheapest bronze is in excess of 8% of our AGI/MAGI. finding someone at healthcare.gov or at the two insurance providers in our area who understood how to help… Read More
The ObamaCare alternative, a plan by Burr, Hatch, and Upton called the Patient Choice, Affordability, Responsibility, and Empowerment (CARE) Act is here. Just wait until you see what is inside.
Get the facts on the ObamaCare replacement plan by Burr, Hatch, and Upton: the Patient Choice, Affordability, Responsibility, and Empowerment (CARE) Act. Below we present a summary, some quick facts, a pros and cons chart, a complete section-by-section breakdown, and finally we compare the CARE Act proposal to ObamaCare. Keep in mind this is an older replacement… Read More
Being 65 or older you don’t qualify for Marketplace cost assistance, being a resident Alien you may not qualify for Medicare subsidies, but you can still buy Medicare.
What is the Medicaid Gap? The “Medicaid gap” describes the gap between state Medicaid eligibility and Marketplace subsidy eligibility in states that didn’t expand Medicaid. How Does the Medicaid Gap Work? Below are some quick points to illustrate the “gap” between those who qualify for subsidies and those who qualify for affordable health insurance due… Read More
They say the 60th time is a charm, or even if they don’t… The house voted for the 56th time to repeal ObamaCare, and the vote passed 239-186. Added together with provisional attempts this is the 60th GOP attempt to repeal the law.
ObamaCare’s Open enrollment ends on February 15th, are you covered? Time is running out to get coverage for 2015.